Kinder Morgan (KMI) reported earnings 30 days ago. What's next for the stock?
In the most recent trading session, Kinder Morgan (KMI) closed at $26.59, indicating a -1.12% shift from the previous trading day.
Zacks.com users have recently been watching Kinder Morgan (KMI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
A high dividend yield can sometimes be a sign of a higher risk profile. Oftentimes, high-yield dividend stocks have weaker financial profiles, which puts their payouts at risk of a reduction if the company experiences a financial setback.
A high dividend yield often indicates that a company's growth days are in the rearview mirror. Without a lot of attractive investment opportunities, these companies return a significant percentage of their cash flow to investors by paying dividends.
Zacks.com users have recently been watching Kinder Morgan (KMI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Zacks.com users have recently been watching Kinder Morgan (KMI) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Companies with high dividend yields often tend to be past their prime, and lacking in growth prospects. That limited ability to invest in expanding their businesses is why they instead distribute more of their free cash flow to shareholders.
Kinder Morgan, Inc. (NYSE:KMI ) Q4 2024 Earnings Conference Call January 22, 2025 4:30 PM ET Company Participants Rich Kinder - Executive Chairman Kimberly Allen Dang - Chief Executive Officer Tom Martin - President David Michels - Vice President and Chief Financial Officer Sital Mody - President, Natural Gas Pipelines Conference Call Participants Theresa Chen - Barclays Manav Gupta - UBS Michael Blum - Wells Fargo Jack Wilson - Truist Securities Keith Stanley - Wolfe Research Jean Ann Salisbury - Bank of America Spiro Dounis - Citi Zack Van Everen - TPH John Mackay - Goldman Sachs Gabe Moreen - Mizuho Jeremy Tonet - J.P. Morgan Operator Good afternoon, and thank you for standing by, and welcome to the Quarterly Earnings Conference Call.
Kinder Morgan (KMI) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.33 per share. This compares to earnings of $0.28 per share a year ago.
Among the Zacks Rank #1 (Strong Buy) list, Alcoa Corporation (AA) and Kinder Morgan (KMI) are two stocks to keep an eye on ahead of their Q4 reports on Wednesday, January 22.
Kinder Morgan (KMI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).